Mechanical Update July 17th 2010

Two new stocks this weekend - DRWI hits the top 30 screen and SUPG hits the top 50 screen. I'd probably consider DRWI if I wasn't so bearish right now. I am about 50% in cash and the MFI stocks I sold June 29th are down about 7% since we parted ways.

Here is a snapshot of open top 30 mechanical stocks... it isn't pretty of late. Stocks added in 2010 are down an average of 10.4%.

Symbol		Original	Current	Dividend	S&P O	S&P D	Stock Chg	S&P Chg	Diff
GIGM	7/24/09	4.98	2.25	-	98.06	1.58	-54.8%	10.4%	-65.2%
CBI	7/31/09	13.95	18.34	-	98.81	1.58	31.5%	9.5%	21.9%
BR	7/31/09	17.27	20.13	0.42	98.81	1.58	19.0%	9.5%	9.5%
LO	7/31/09	73.72	73.53	3.00	98.81	1.58	3.8%	9.5%	-5.7%
ITWO	8/7/09	14.36	19.73	-	101.20	1.58	37.4%	7.0%	30.4%
BKE	8/14/09	26.54	27.68	2.20	100.79	1.58	12.6%	7.4%	5.2%
GTLS	8/14/09	20.73	15.41	-	100.79	1.58	-25.7%	7.4%	-33.1%
PRIM	8/14/09	6.95	6.05	0.08	100.79	1.58	-11.9%	7.4%	-19.3%
SEPR	8/14/09	18.12	23.00	-	100.79	1.58	26.9%	7.4%	19.5%
PVSW	8/14/09	5.00	4.66	-	100.79	1.58	-6.8%	7.4%	-14.2%
CEU	8/21/09	5.10	3.94	-	102.96	1.58	-22.7%	5.1%	-27.9%
cytk	8/28/09	3.04	2.27	-	103.38	1.58	-25.3%	4.7%	-30.0%
jcom	8/28/09	22.14	21.94	-	103.38	1.58	-0.9%	4.7%	-5.6%
AMED	9/4/09	35.00	26.02	-	102.06	1.58	-25.7%	6.1%	-31.7%
MIPS	9/18/09	3.72	5.01	-	106.72	1.58	34.7%	1.4%	33.3%
MHP	9/25/09	23.67	29.33	0.46	104.45	1.07	25.9%	3.1%	22.7%
AGX	10/16/09	12.50	8.84	-	108.89	1.07	-29.3%	-1.1%	-28.2%
BBND	10/30/09	3.70	3.05	-	103.56	1.07	-17.6%	4.0%	-21.6%
FLR	10/30/09	44.42	42.79	-	103.56	1.07	-3.7%	4.0%	-7.7%
RGR	10/30/09	10.62	14.55	0.28	103.56	1.07	39.6%	4.0%	35.6%
RTN	10/30/09	45.28	47.73	0.69	103.56	1.07	6.9%	4.0%	2.9%
VRSK	10/30/09	27.43	28.85	-	103.56	1.07	5.2%	4.0%	1.2%
immu	11/6/09	3.61	3.04	-	107.13	1.07	-15.8%	0.6%	-16.3%
cbst	11/6/09	17.60	21.37	-	107.13	1.07	21.4%	0.6%	20.9%
snta	11/6/09	3.20	2.71	-	107.13	1.07	-15.3%	0.6%	-15.9%
CNU	11/13/09	3.10	3.41	-	109.62	1.07	10.0%	-1.7%	11.7%
IDCC	11/20/09	23.56	26.44	-	109.43	1.07	12.2%	-1.6%	13.8%
PDLI	11/27/09	6.63	5.95	0.50	109.57	1.07	-2.7%	-1.7%	-1.0%
ARO	12/4/09	28.95	43.02	-	111.01	1.07	48.6%	-3.0%	51.6%
CBPO	12/4/09	9.06	11.64	-	111.01	1.07	28.5%	-3.0%	31.4%
VALV	12/31/09	5.15	6.20	-	111.44	0.48	20.4%	-3.9%	24.2%
SMED	2/5/10	6.74	4.66	-	106.66	0.48	-30.9%	0.5%	-31.3%
SPMD	2/5/10	36.63	17.50	-	106.66	0.48	-52.2%	0.5%	-52.7%
XOMA	2/5/10	0.42	0.39	-	106.66	0.48	-6.9%	0.5%	-7.3%
MGIC	2/19/10	1.77	2.34	-	111.14	0.48	32.2%	-3.6%	35.8%
UIS	2/26/10	34.91	20.51	-	110.74	0.48	-41.2%	-3.3%	-38.0%
SNTS	3/5/10	4.87	2.51	-	114.25	0.48	-48.5%	-6.2%	-42.2%
PRSC	3/12/10	14.18	12.40	-	115.46	0.48	-12.6%	-7.2%	-5.3%
WTW	3/19/10	25.20	26.43	-	115.97	-	4.9%	-8.0%	12.9%
QDEL	3/25/10	13.73	12.09	-	116.58	-	-11.9%	-8.5%	-3.4%
BDSI	4/16/10	4.12	2.31	-	119.36	-	-43.9%	-10.6%	-33.3%
ABC	4/23/10	31.13	32.14	-	121.81	-	3.2%	-12.4%	15.7%
APOL	4/30/10	57.41	45.57	-	118.81	-	-20.6%	-10.2%	-10.4%
SVA	4/30/10	5.79	4.36	-	118.81	-	-24.7%	-10.2%	-14.5%
OSK	4/30/10	38.62	31.02	-	118.81	-	-19.7%	-10.2%	-9.5%
VPHM	5/7/10	12.06	10.91	-	111.26	-	-9.5%	-4.1%	-5.4%
CHOP	5/14/10	6.54	5.18	-	113.89	-	-20.8%	-6.3%	-14.4%
MRX	5/21/10	22.50	23.68	-	107.71	-	5.2%	-1.0%	6.2%
CRXX	6/4/10	1.53	1.42	-	106.82	-	-7.2%	-0.1%	-7.0%
TNAV	6/4/10	8.53	8.49	-	106.82	-	-0.5%	-0.1%	-0.3%
JGBO	6/11/10	8.45	7.98	-	109.68	-	-5.6%	-2.8%	-2.8%
VALU	6/11/10	17.84	15.20	-	109.68	-	-14.8%	-2.8%	-12.0%
DRWI	7/16/10	5.23	5.23	-	106.66	-	0.0%	0.0%	0.0%
						Totals	16.8%	4.2%	12.6%
53.7% of stocks beat the S&P 500 Benchmark						Closed	28.5%	6.5%	22.0%
S&P C			106.66			Open	-3.8%	0.1%	-3.9%